New microfinance loans in 7 countries

One of our new entrepreneur groups: The Por Una Vida Digna Group in Peru

“Por Una Vida Digna” is a group of ten people who have been investing in some type of business since six years. Mrs. Benedicta Serrano, for example, makes and sells variously flavored yoghurts according to her customers’ wishes. She also sells various fruit nectars.
She has a lot of demand so the funds she receives will be used to buy an ice chest. She is a very active group member and, because of that, she was selected to be the group president.
As a dance teacher, Elsa Dávalos, noticed renting costumes could be a profitable enterprise so she began to make them herself and then rent them to her students. This work has given her much satisfaction.
The other group members have different lines of work to which they are dedicated with much enthusiasm and effort because one of their most important objectives is to provide their families with sustenance and good education.

We allocated a loan of US$50 to the “The Por Una Vida Digna”, as one of our 44 new loans. In this loan trench, I concentrated on:

1. Groups of entrepreneurs, led by women, or with a majority of women; or
2. Entrepreneurs working in agriculture by either growing a crop or raising animals; or
3. Entrepreneurs in South America.

I allocated a total of US$1,775 in loans to entrepreneurs in Ecuador, Bolivia, Paraguay, Peru, Cambodia, Philippines and Nicaragua. This amount was the total repayment of previous loans, which I received during the month of December.

Here is the full list of the new loans:

• Las Cumbeñitas Group in Ecuador: $50
• Tol Sok Village Group in Cambodia: $50
• Beverlyn Solito in Philippines: $25
• Cruz Velasquez in Nicaragua: $25
• Fely Bautista in Philippines: $25
• Yein Phang in Cambodia: $25
• Enriquita Cerbas in Philippines: $25
• Evelyn Diaz in Philippines: $25
• Margarita Irabon in Philippines: $25
• Chhom Meas’ Group in Cambodia: $50
• Pao Pech Village Group in Cambodia: $50
• Saroem Moul Village Group in Cambodia: $50
• Lydia Perangco in Philippines: $25
• Arlyn Bajenting in Philippines: $25
• Yeu Soem Village Group in Cambodia: $50
• Roath Sao Village Group in Cambodia: $50
• Mao Lerb Village Group in Cambodia: $50
• Toeurn Loch Village Group in Cambodia: $50
• Goun Touch Group in Cambodia: $50
• Savon Khun Group in cambodia: $50
• Thach Pen Group in Cambodia: $50
• Seu Suon Group in Cambodia: $50
• Mey Loem in Cambodia: $25
• Oeurn Suong Group in Cambodia: $50
• Chea Nun Group in Cambodia: $50
• Sokhorn Chham Group in Cambodia: $50
• Thoeun Pin Group in Cambodia: $50
• Sopheap Srey Group in Cambodia: $50
• Alejandrina in Peru: $25
• Norma Ruth in Bolivia: $25
• Qorimakis Group in Peru: $50
• Papa Paulo Group in Bolivia: $50
• Esther in Peru: $25
• Las Triunfadoras in Ecuador: $50
• Maripositas Group in Bolivia: $50
• Alternativa Group in Bolivia: $50
• 10 De Noviembre Ii Group in Bolivia: $50
• Mujeres Anfitrionas Group in Paraguay: $50
• Por Una Vida Digna Group in Peru: $50
• Victorina Aranda in Paraguay: $50
• Rosas De Bautista Group in Bolivia: $50
• Virgen De Fatima Group in Bolivia: $50
• Piedad Escaleras in Ecuador: $25
• Janneth Marlene Narvaez Luna in Ecuador: $25